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Progressive CFO Sauerland to Retire; Quigg Will Succeed

Carrier Management

Progressive CFO Sauerland to Retire; Quigg Will Succeed The Progressive...

Posted: Jan 29, 2026

SiriusPoint names Sakakeeny as CUO, North America P&C Insurance

Reinsurance News

SiriusPoint, a specialty insurer and reinsurer, has appointed John Sakakeeny as Chief Underwriting Officer (CUO) of North America P&C Insurance, effective February 2nd, 2026. In his new role, Sakakeeny will provide strategic leadership to the...

Posted: Jan 29, 2026

Europe to Decide How Much Toxin in Baby Formula Is Too Much

Insurance Journal

Europe’s food safety regulator will publish advice on what is an acceptable level of the toxin currently at the heart of one of the biggest infant formula recalls in history. The European Food Safety Authority will establish an “acute ref...

Posted: Jan 29, 2026

Surplus lines market premium growth slows in Q3’25: AM Best

Reinsurance News

Following years of consistent and significant growth, competitive market pressures have resulted in smaller year over year increases in premium growth in the surplus lines market, according to a recent report by AM Best. In the third quarter of 20...

Posted: Jan 29, 2026

Fire in Connecticut Damages 5 Businesses Including Popular Restaurant

Insurance Journal

A fire in a commercial plaza in Thomaston, Connecticut damaged five businesses including a popular restaurant, Patti’s Place. Firefighters battled the building fire on Park Street late Tuesday night and into Wednesday morning. “Crews star...

Posted: Jan 29, 2026

Lockton Re’s proprietary analytics platform SAGE receives another US patent

Reinsurance News

Lockton Re’s proprietary analytics platform, SAGE, has been awarded another US Patent for systems and methods for custom and real-time visualisation, comparison, and analysis of insurance and reinsurance structures, with additional patents pending...

Posted: Jan 29, 2026

Guy Carpenter’s revenue climbs 6% to $2.5bn for 2025

Reinsurance News

Guy Carpenter, the reinsurance broking arm of Marsh, generated revenue of $215 million for the fourth quarter of 2025 and revenue of $2.5 billion for the full year 2025, an increase of 7% (5% on an underlying basis) and 6% (5% on an underlying bas...

Posted: Jan 29, 2026

Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks

Insurance Journal

A wave of cyberattacks has hit Bumble Inc., Panera Bread Co., Match Group Inc., and CrunchBase Inc., as cybersecurity experts warn about a new round of social engineering attacks targeting US companies. Bumble Inc., the parent company of dating apps...

Posted: Jan 29, 2026

Brit renews cyber consortium as risk landscape broadens

Reinsurance News

Brit Group has renewed its cyber consortium, Brit Cyber Attack Plus (BCAP), led by Brit Syndicate 2987, which provides clients with comprehensive cyber coverage, including cyber-triggered physical damage and business interruption, under a single u...

Posted: Jan 29, 2026

Insured cat losses drop by $40bn in 2025, but good luck no substitute for sound strategy: WTW

Reinsurance News

A new report from Willis, a WTW business, with contributions from Willis Re, has revealed that natural catastrophes generated more than $100 billion in insured losses in 2025, marking the sixth consecutive year above that threshold and underscorin...

Posted: Jan 29, 2026

Kevin Flack joins Dale Underwriting Partners as Head of Portfolio Solutions

Reinsurance News

Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, has announced the appointment of Kevin Flack to the newly created role of Head of Portfolio Solutions. In this role, Flack will be based in Lon...

Posted: Jan 29, 2026

Markets/Coverages: Arch Launches Event Cancellation Cyber Coverage

Insurance Journal

Arch Insurance International (Arch) announced the launch of its event cancellation cyber coverage, which is available through both the London market and Arch’s instant quote and bind platform, Arch IQ. Offered as a cyber extension to an event c...

Posted: Jan 29, 2026

EigenRisk integrates EuroTempest windstorm forecasts into EigenPrism platform

Reinsurance News

EigenRisk, Inc., an independent insurance technology firm providing catastrophe risk management solutions, has entered into an agreement with EuroTempest to add its European windstorm forecasts and event footprints to the EigenPrism® catastrophe r...

Posted: Jan 29, 2026

US Handing Over Seized Tanker to Venezuela, Officials Say

Insurance Journal

The United States is handing over to Venezuela a tanker that it seized this month, two U.S. officials told Reuters on Wednesday. The United States has been carrying out a months-long effort to seize oil tankers linked to Venezuela – …

Posted: Jan 29, 2026

Australia Hits New Renewable Milestone of Over 50%

Insurance Journal

Australia hit a new clean energy milestone during the December quarter, even as power demand rose over 2.2% from a year earlier, the Australian Energy Market Operator (AEMO) said on Thursday. Gas-fired generation fell to its lowest level since 2000,...

Posted: Jan 29, 2026

QBE Re appoints Lian Phua as Head of Credit Reinsurance

Reinsurance News

QBE Re, the reinsurance arm of global insurance group QBE, has announced the appointment of Lian Phua as Head of Credit Reinsurance. Based in New York, Phua will report to Salvatore Sama, Executive Director for North America at QBE Re, and work cl...

Posted: Jan 29, 2026

Flood Losses Set to Soar 10-Fold in Southeast Asia, WTW Study Finds

Insurance Journal

Losses tied to floods in Southeast Asia may grow as much as 10-fold in the coming years due to the rise of extreme weather events, according to Willis Towers Watson Plc. Early indications suggest that major regional flooding events have …

Posted: Jan 29, 2026

MS Amlin eyes further growth in the Middle East via reinsurance partnership with Mitsui Sumitomo

Reinsurance News

After commencing underwriting political risk in the Middle East in 2025, MS Amlin, the Lloyd’s specialty insurer and reinsurer, is targeting more growth in the region via a new reinsurance partnership with its parent company, Mitsui Sumitomo...

Posted: Jan 29, 2026

Senegal’s second-largest city secures parametric contract structured by AXA Climate

Reinsurance News

Pikine, Senegal’s second-largest city with more than 750,000 inhabitants, has signed a parametric insurance contract against excessive rainfall, structured by AXA Climate, and insured by a consortium of Senegalese insurers, AXA Sénégal, ASKIA Assu...

Posted: Jan 29, 2026

AXIS Capital’s underwriting result strengthens amid lower cat losses and favourable PYD

Reinsurance News

Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, produced an improved combined ratio of 90.4% and 89.8% for the fourth quarter and full year 2025, respectively, supported by lower catastrophe losses and higher net favourable pri...

Posted: Jan 29, 2026

Howden names José Ignacio Lathrop as Executive Chair, LatAm

Reinsurance News

Howden, a global insurance and reinsurance broking group, has appointed José Ignacio Lathrop as Executive Chair, Howden, Latin America (LatAm). In his new role, Lathrop will use his deep market expertise to guide and support Howden’s business in L...

Posted: Jan 29, 2026

Arch Insurance International launches event cancellation cyber coverage

Reinsurance News

Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has launched its event cancellation cyber coverage. This new coverage is offered as a cyber extension to an event cance...

Posted: Jan 29, 2026

Athene appoints Scott Campion as Head of New Markets

Reinsurance News

Athene Holding Ltd., a life and retirement reinsurance company majority owned by investor and private equity specialist Apollo Global Management Inc., has appointed Scott Campion as Head of New Markets. In his new role, Campion will focus on expan...

Posted: Jan 29, 2026

Businesses Pressured to Respond to ICE While Becoming a Target

Carrier Management

Businesses Pressured to Respond to ICE While Becoming a Target From family-run cafes to retail gian...

Posted: Jan 29, 2026

Berkely Says It’s No Longer Pressured to Push for Rate ‘Across the Board

Insurance Journal

W.R Berkley reported a “flattish” top line but nearly 15% growth in underwriting income for fourth-quarter 2025 this week. The insurer’s chief executive signaled a change in the level of rate increases going forward. President and C...

Posted: Jan 29, 2026

Berkely Says It’s No Longer Pressured to Push for Rate ‘Across the Board’

Insurance Journal

W.R Berkley reported a “flattish” top line but nearly 15% growth in underwriting income for fourth-quarter 2025 this week. The insurer’s chief executive signaled a change in the level of rate increases going forward. President and C...

Posted: Jan 29, 2026

People Moves: Marsh Risk Expands US Surety Team; AXA XL Appoints Billingslea as Head of Energy; Nixo...

Insurance Journal

Marsh Risk Expands US Surety Team With 3 Leadership Appointments Marsh Risk, headquartered in New York City, made three leadership appointments. Jimmy Tse was named U.S. financial institutions surety growth leader. Tse has 20 years of experience in f...

Posted: Jan 29, 2026

Epsom appointed Allspring’s Head of Insurance for its International client group

Reinsurance News

Allspring Global Investments, a global asset management company, has announced the appointment of Andrew Epsom as head of Insurance – International, a London-based role. In this newly created position, Epsom will lead Allspring’s internation...

Posted: Jan 29, 2026

Russia-Linked Oil Tanker Loses Control Again in Mediterranean

Insurance Journal

A second Russia-linked oil tanker lost control as it was entering the Mediterranean Sea in under a week. The medium-range vessel Chariot Tide first showed signs of difficulty as it approached Tangier, Morocco, on Jan. 21, when its speed abruptly &#82...

Posted: Jan 29, 2026

Second Russia-Linked Oil Tanker Loses Control in Mediterranean

Insurance Journal

A second Russia-linked oil tanker lost control as it was entering the Mediterranean Sea in under a week. The medium-range vessel Chariot Tide first showed signs of difficulty as it approached Tangier, Morocco, on Jan. 21, when its speed abruptly &#82...

Posted: Jan 29, 2026

US Marshals Are Investigating a Possible Digital-Asset Hack

Insurance Journal

The US Marshals Service, which provides custody of cryptocurrencies seized by or forfeited to federal law enforcement agencies, said it’s investigating a possible hack of US government digital-asset accounts. “At this time, we will not be...

Posted: Jan 29, 2026

Breakdown Cover and Car Insurance Firm RAC Poised to Pick Banks for London IPO

Insurance Journal

Breakdown cover and car insurance company RAC is close to selecting banks to lead its initial public offering in London, according to people familiar with the matter. The nearly 130-year-old firm is set to pick Goldman Sachs Group Inc., Bank …

Posted: Jan 29, 2026

Winter Storm to Cause Billions of Dollars in Insured Losses: UBS

Insurance Journal

A major winter storm that hit the United States in recent days is expected to cause billions of dollars in insured losses, analysts at brokerage UBS said in a note. The heavy storm has left much of the central and …

Posted: Jan 29, 2026

Florida House Panel Approves Bill to Waive Building Permits on Work of Less Than $7,500

Insurance Journal

Spending $7,500 on home repairs may not seem like much in 2026. But a bill approved by a Florida House of Representatives panel on Wednesday would allow construction work below that threshold without a building permit, a change that could …

Posted: Jan 29, 2026

Florida House Panel Approves Bill to Waive Permits on Work of Less Than $7,500

Insurance Journal

Spending $7,500 on home repairs may not seem like much in 2026. But a bill approved by a Florida House of Representatives panel on Wednesday would allow construction work below that threshold without a building permit, a change that could …

Posted: Jan 29, 2026

Commerce Department Plans National AI Center in San Francisco

Insurance Journal

The U.S. Department of Commerce is preparing to open a national artificial-intelligence center in San Francisco, putting it closer to firms at the center of some of the government’s most high-profile initiatives. In addition to the Bay Area, AI...

Posted: Jan 29, 2026

Judge Allows Massachusetts Wind Project to Resume Construction, Blocking Trump Pause

Insurance Journal

A federal judge on Tuesday allowed Vineyard Wind to resume work on its Massachusetts offshore wind project, which President Donald Trump’s administration halted along with four other projects last month due to national security concerns. The ru...

Posted: Jan 29, 2026